Word: auction
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Leonardo Taormina, 42, has been told that he must pay $52,000 for the same coverage he could barely afford last year at $22,000. "There's no way I can pay that and make money," he says. Because the price of fish is based on auction prices at the Boston Fish Pier, he explains, fishermen cannot simply raise their prices to pass along increased costs. Nor can Mark Godfried, 49, meet the cost of coverage for his 50-ft. Stella G. After spending more than $20,000 converting the craft from a side trawler to a more efficient stern...
...EBay Watch Bayraider bayraider.tv Bayraider ferrets out the silliest, freakiest stuff being auctioned on eBay and other auction sites-a laser-etched Buddha, say, or the Slightly Used and Possibly Defective Husband kit-and provides direct links to where you can place your bid. There are things you may actually want, too. Discoveries are organized by category (Music, Sporty Stuff, Weird). New from Shiny Media, a U.K. weblog company...
...bought majority stakes in Sina, the country's largest portal, and a host of other online gaming companies. Next up, Shanda, in collaboration with Intel, hopes to introduce a set-top box that will enable users to access everything from news, music and movies to games and online auction sites. Currently, only 20 million Chinese own computers, but 330 million have TVs. Will interactive TV catch on? "The Chinese are very fast learners," he says. His own history is proof of that. -By Hannah Beech/Shanghai...
...daughter while my wife and I are at work - and she can be just as firm with adults as she is soft with kids. Six years ago, when she discovered the house she and her two sons were renting was up for sale, she bid for it at auction and won. But when she went to see the loan officer at the local branch of one of South Africa's biggest banks, he didn't want to know her. She didn't have enough for a deposit, he said. She was a bad risk. Leo took time off work...
...million Reserve price at a Shanghai charity auction for the track shoes worn by Chinese athlete Liu Xiang when he won the 110-m hurdles gold medal at the 2004 Athens Olympics